Lloyds To Sell $8.7 Billion In Mortgage Bonds
In an effort to raise capital by selling non-core assets, Lloyds Banking Group is reportedly looking to auction about $8.7 billion of U.S....
Fidelity National Financial To Buy Lender Processing Services For $2.9B
In a classic example of a parent company cannibalizing its offspring, Fidelity National Financial Inc. (FNF), the largest provider of commercial and residential...
Nearly A Quarter Of Americans Have Credit Report Problems
Of all the obstacles to re-energizing the stagnant U.S. residential housing market, perhaps none are harder to overcome than the high prevalence of...
Home Prices Up 1.9% In First Quarter
Following an announcement from the U.S. Census Department and Department of Housing and Urban Development that new home sales had jumped 2.3% in...
Kroll Factual Data Products Added To Mortgage Builder Software
Kroll Factual Data Inc., a provider of risk mitigation and independent verification services to the mortgage industry, and Mortgage Builder Software Inc., a...
LoanSifter Now Integrated With Fannie Mae Desktop Underwriter
Mortgage bankers and loan officers using LoanSifter's product eligibility and pricing solutions now have seamless access to Fannie Mae's Desktop Underwriter from within...
Mortgage Applications Dip As Interest Rates Climb
Due to rising interest rates, applications for home mortgages dipped for a second week in a row last week, according to the Mortgage...
When It Comes To Debt, Women Are Smarter
New research from Experian shows that when it comes to managing money and debt, women are superior to men. According to the firm's...
HUD, Fannie And Freddie Offering Mortgage Relief To Tornado Victims
The U.S. Department of Housing and Urban Development (HUD) has granted a 90-day moratorium on foreclosures and forbearance on foreclosures of Federal Housing...
Stonegate Mortgage Looking To Go Nationwide
Stonegate Mortgage Corp., a specialty financial services firm focused on the U.S. residential mortgage market, has raised $115 million in a private offering...
New Home Sales Rise 2.3% In April
Despite rising interest rates and a shortage of available stock, seasonally adjusted sales of new single-family homes inched up in April. About 454,000...
Indecomm Expands Mortgage Training Offerings With Mortgage U Acquisition
Business process outsourcing and learning solutions provider Indecomm Global Services now has a stronger foothold in the mortgage training space, with the acquisition...
Opes Advisors Debuts Residential Bridge Loan Program
Opes Advisors, a wealth management and mortgage banking firm based in Palo Alto, Calif., has launched a new bridge loan program designed for...
STRATMORE Group, CFI Group Create Mortgage Feedback Application
CFI Group, a customer satisfaction technology and analytics firm, has entered into a partnership with STRATMOR Group, a mortgage industry advisory firm, to...
Enterprise Bank & Trust Acquires Gorman & Gorman
St. Louis-based Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp., has acquired the operating assets of Gorman & Gorman...
Rels Title Rebranded As DataQuick Title
DataQuick, a provider of real estate data and analytics, says that Rels Title, which was acquired by DataQuick last September, has been officially...
Fraser To Head Up CitiMortgage
Jane Fraser, who served as CEO of Citigroup's private bank for the past four years, has reportedly been tapped as the new chief...
Inventory Shortage Driving Up Home Prices In Some Urban Areas
A shortage of housing inventory is driving up home prices in select metropolitan markets, according to Pro Teck Valuation Services' May 'Home Value...
Accurity Valuation Taps ACI Software For Appraisals
Residential appraisal firm Accurity Valuation is now using ACI's real estate appraisal software to streamline the production and distribution of appraisal reports. With...
Judge Revives JPMorgan-Dexia Mortgage Debt Lawsuit
A federal judge has issued a new decision on a lawsuit accusing JPMorgan Chase & Co. of misrepresenting risky residential mortgage-backed securities (RMBS)...